Taleo Unveils PeopleSoft Exchange Program

Taleo Unveils PeopleSoft Exchange Program

Taleo's Trade-in, Trade-up program offers PeopleSoft customers free integration and data migration to upgrade to Taleo talent management solutions

SAN FRANCISCO, Jan. 13 /PRNewswire/ -- Taleo Corporation, the world's leading provider of enterprise talent management solutions via an SSP (Software Service Provider) model, today announced an aggressive trade-up program that offers companies the opportunity to replace their existing PeopleSoft eRecruit product at a significant discount. The Taleo PeopleSoft Exchange Program is designed to help ease the product transition following Oracle's acquisition of PeopleSoft. Taleo provides enterprise talent management solutions via the Internet and currently serves leading PeopleSoft customers including Dow Chemical, The Gillette Company, Honeywell, HP and UnitedHealth Group, among many others. The offer is in effect as of today, and will run through March 31, 2005.

PeopleSoft customers that currently own eRecruit are eligible for the trade-up program, including the following:

* Free integration to PeopleSoft HRIS
* Free data migration of candidate and employee files from the PeopleSoft
system
* Significant discount on application fees



"Many of our largest customers are also PeopleSoft customers," said Taleo EVP and Chief Strategy Officer Jeff Carr, "who initially made the decision to purchase and continue to renew contracts for the industry's most robust talent management solution rather than an add-on ERP application. We want to offer the same level of service and results to current users of PeopleSoft eRecruit who may be concerned about the aftermath of the PeopleSoft acquisition."

In addition, Taleo offers its customers:

* The industry's leading, risk-free talent management solutions
configured to business requirements
* Access to the industry's most experienced and talented consultants,
ensuring smooth and timely implementations
* Documented and proven cost savings and productivity enhancements
* Secure, scalable and highly available enterprise applications delivered
via the web



The PeopleSoft exchange program includes free integration to major Human Resource Information Systems as well as free data migration from the company's current systems holding both employee and candidate data, and a significant discount on the applications fee.

"Clearly we want to make it simple for PeopleSoft customers to switch to Taleo so they can quickly start benefiting from our robust talent management solutions and begin driving significant value through talent management," said Carr. "Integration and data migration can be roadblocks for some best of breed solutions, but we have a complete integration solution and proven migration tools that we have created and used successfully for our customers who use PeopleSoft and other major ERP solutions."

Taleo currently has approximately 165 Global 2000 customers and also has the largest Fortune 500 market share among best of breed solution providers in its industry.

About Taleo Corporation

Taleo Corporation (formerly Recruitsoft, Inc.) is the leading provider of enterprise talent management solutions that enable organizations to establish, automate and run worldwide talent management processes for salaried, hourly and temporary staff. Taleo customers use the company's solutions to enhance the quality, productivity and satisfaction of their workforces. Taleo solutions incorporate resource allocation principles to more accurately match total labor demand and supply across complex organizations. Taleo solutions are delivered over the Internet to nearly 400,000 users in 87 countries, and serve 20 million candidates from 190 of the world's 193 countries and independent states. Taleo's principal office is located in San Francisco, CA.

Taleo received significant recognition during 2004 for its solutions, technologies and continued growth, including: "Top HR Product of the Year" from HR Executive Magazine; "HR Technology Award for Creative & Innovative Development of HR Technology" from IQPC; "TecHR Award for Staffing Process and Content Delivery Technologies" from IDC and TecHR; "11th Fastest Growing Technology Company" from Deloitte Technology Fast 500; "7th Fastest Growing Technology Company in Silicon Valley" from Deloitte Fast 50; "23rd Fastest Growing Private Company in the Bay Area" from the San Francisco Business Times; "Software 500 Listing" in Software Magazine's "World's Most Foremost Software and Services Leaders"; and "Top 100 Places to Work" from MacLean's Magazine.


Source: Taleo Corporation

CONTACT: Diane Pardee of Taleo, +1-908-627-5470, dpardee@taleo.com

Web site: http://www.taleo.com/

NOTE TO EDITORS: PeopleSoft customers interested in more details should call (888) 836-3669 or visit http://www.taleo.com.

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